Dow hits record but Facebook weighs on Nasdaq
By Chuck Mikolajczak NEW YORK (Reuters) - The Dow and S&P advanced on Tuesday, with the blue-chip index hitting a record, while another drop in Facebook shares weighed on the Nasdaq. Dividend-paying sectors such as utilities , up 1.4 percent and consumer staples , up 0.6 percent were the best performing of the major S&P sectors. Facebook , Netflix and Amazon , part of the so-called FANG group of stocks, kept the Nasdaq in check.
The post Dow hits record but Facebook weighs on Nasdaq appeared first on Firstpost.